Of the 36 live SIF strategies, 21 can be redeemed on any business day and 15 only on set days of the week (interval strategies); 2 of them also apply a notice period before paying out. Exit loads run from nil to 3%, charged on redemptions within 15 days to one year of investing, and 5 strategies charge none. Fund houses change these terms by addendum; each row shows the newest document it is taken from, and the SIF changes log records each change and when it took effect.
Open-ended strategies. Alphabetical. The exit load shown is the current one; where a fund house changed it, the earlier load still applies to investments made before the change.
| Strategy | Structure | Redemption days | Notice period | Exit load (current) | Terms as of |
|---|---|---|---|---|---|
| Altiva Equity Ex-Top 100 LSEdelweiss | Open-ended | Daily (every business day)Cut-off: 3.00 pm | None | 0.50% of applicable NAV if redeemed or switched out on or before 90 days from allotment; nil after 90 days | 20 Apr 2026Edelweiss MF — Altiva SIF Notice Cum Addendums page, 2025 and 2026 lists (checked 3 Nov 2026) |
| Altiva Equity Long-ShortEdelweiss | Open-ended | Daily (every business day)Cut-off: 3.00 pm | None | 0.50% of applicable NAV if redeemed or switched out on or before 90 days from allotment; nil after 90 days | 20 Aug 2026Edelweiss MF — Altiva SIF Notice Cum Addendums page, 2025 and 2026 lists (checked 3 Nov 2026) |
| Apex Equity Ex-Top 100 LSAditya Birla SL | Open-ended | Daily (all business days)Cut-off: 3.00 pm | None | 0.50% of applicable NAV if redeemed or switched out on or before 90 days from allotment; nil after 90 days — for investments made on or after 7 Oct 2026 (Addendum 17/2026 dated 5 Oct 2026). Investments before 7 Oct 2026: 1% on or before 365 days; nil after. FIFO basis. | 5 Oct 2026Apex SIF — Downloads & Resources, Addenda tab (20 entries, Mar–Oct 2026; checked 3 Nov 2026) |
| Apex Equity Long-ShortAditya Birla SL | Open-ended | Daily (all business days)Cut-off: 3.00 pm | None | 0.50% of applicable NAV if redeemed or switched out on or before 90 days from allotment; nil after 90 days — for investments made on or after 7 Oct 2026 (Addendum 17/2026 dated 5 Oct 2026). Investments before 7 Oct 2026: 1% on or before 365 days; nil after. FIFO basis. | 5 Oct 2026Apex SIF — Downloads & Resources, Addenda tab (20 entries, Mar–Oct 2026; checked 3 Nov 2026) |
| Arthaya Equity Long-ShortUnion | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | 1% if redeemed or switched out on or before completion of 1 year from allotment; nil after 1 year | 17 Apr 2026Union MF — Arthaya SIF downloads, ISID/Addendums/Notices sections (checked 3 Nov 2026; Addendums and Notices sections were empty) |
| Arudha Equity Long-ShortBandhan | Open-ended | Daily (business days only), or such frequency as the AMC decides subject to SEBI approvalCut-off: 3.00 pm | None | 0.50% of applicable NAV if redeemed or switched out on or within 30 days from allotment; nil after 30 days | 6 Feb 2026Arudha SIF — Downloads page, notices and addenda Nos. 5–30 (checked 3 Nov 2026) |
| Diviniti Equity Long-ShortITI | Open-ended | Daily (business days) — 'or any lesser redemption frequency as may be decided by the AMC'; currently dailyCut-off: 3.00 pm | None | Free allowance: up to 10% of units allotted may be redeemed without exit load within the first 6 months. Redemptions above that within 6 months: 0.50%; nil after 6 months. Units redeemed first-in-first-out. | 23 Oct 2025ITI MF (Diviniti SIF) — Notice and Addendum list, Nov 2025–Oct 2026 (checked 3 Nov 2026; no liquidity changes) |
| DynaSIF Equity Ex-Top 100 LS360 ONE | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | 0.5% if redeemed within 3 months from allotment; nil after 3 months | 22 May 2026360 ONE — DynaSIF mandatory disclosures, notice/addendum list (checked 3 Nov 2026; no liquidity changes) |
| DynaSIF Equity Long-Short360 ONE | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | 0.5% if redeemed within 3 months from allotment; nil after 3 months | 21 Jan 2026360 ONE — DynaSIF mandatory disclosures, notice/addendum list (checked 3 Nov 2026; no liquidity changes) |
| MSIF Equity Long-ShortMahindra Manulife | Open-ended | Daily (business days)Cut-off: 3.00 pm | None | 0.5% if redeemed or switched out up to 3 months from allotment; nil after 3 months; FIFO basis | 10 Sep 2026Mahindra Manulife MF — MSIF Downloads, Notices/Addendum 2026 (two key-personnel notices only; read 3 Nov 2026) |
| Magnum Equity Ex-Top 100 LSSBI | Open-ended | Daily (business days); AMC may set a lesser frequencyCut-off: 3.00 pm | None | 1% of applicable NAV if units (purchased or switched in from another Magnum SIF strategy) are redeemed or switched out on or before 3 months from allotment; nil after 3 months | 31 Jul 2026SBI MF — Magnum SIF Notices & Addendums page, scheme and general lists for last 1 year (checked 3 Nov 2026) |
| Sapphire Equity Long-ShortFranklin Templeton | Open-ended | Daily (all business days)Cut-off: 3.00 pm | None | 1% if redeemed within one year of allotment; nil after | 26 Mar 2026Franklin Templeton — Sapphire SIF downloads, Updates tab, May–Oct 2026 (checked 3 Nov 2026; no liquidity changes) |
| Summit Equity Long-Short FundInvesco | Open-ended | Daily, at applicable NAVCut-off: 3.00 pm | None | 0.50% if redeemed or switched out on or before 3 months from allotment; nil after 3 months; nil on switches between plans | 15 Jun 2026Invesco MF — Summit SIF Addendums and Notices pages (addenda 7–19, notices 1–18; checked 3 Nov 2026; no liquidity changes) |
| Titanium Equity Long-ShortTata | Open-ended | Daily (all business days)Cut-off: 3.00 pm | None | 1% if redeemed or switched out on or before 1 month from allotment; nil after 1 month. No exit load on Regular-to-Direct switches within the strategy. | 9 Apr 2026Tata MF — Titanium SIF Notice & Addendum page (checked 3 Nov 2026) |
| WSIF Equity Ex-Top 100The Wealth Company | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | Nil | 25 Mar 2026The Wealth Company MF — WSIF addendum page (Addenda 01–07 for 2026-27; checked 3 Nov 2026; no liquidity changes) |
| WSIF Equity Long-ShortThe Wealth Company | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | Nil | 25 Mar 2026The Wealth Company MF — WSIF addendum page (Addenda 01–07 for 2026-27; checked 3 Nov 2026; no liquidity changes) |
| iSIF Equity Ex-Top 100 LSICICI Prudential | Open-ended | DailyCut-off: 3.00 pm | None | 1% of applicable NAV if redeemed or switched out within 1 month from allotment; nil after 1 month (for investments made on or after 4 Sep 2026, Notice-cum-addendum 001/09/2026 dated 1 Sep 2026). Investments made before 4 Sep 2026: 1% within 12 months; nil after. | 30 Sep 2026iSIF — Notices and Addendums page, Jan–Oct 2026 entries (checked 3 Nov 2026) |
| iSIF Equity Long-ShortICICI Prudential | Open-ended | DailyCut-off: 3.00 pm | None | 1% of applicable NAV if redeemed or switched out within 1 month from allotment; nil after 1 month (for investments made on or after 4 Sep 2026, Notice-cum-addendum 001/09/2026 dated 1 Sep 2026). Investments made before 4 Sep 2026: 1% within 12 months; nil after. | 1 Sep 2026iSIF — Notices and Addendums page, Jan–Oct 2026 entries (checked 3 Nov 2026) |
| qSIF Equity Ex-Top 100Quant | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | 3% if redeemed or switched out on or before completion of 30 days from allotment; nil after 30 days (for investments made on or after 11 Sep 2026, Addendum 15/2026 dated 10 Sep 2026). Investments made before 11 Sep 2026: 1% on or before 15 days; nil after. | 10 Sep 2026qsif — Addendum / Notice page (checked 3 Nov 2026; no redemption-frequency or notice-period changes listed) |
| qSIF Equity Long-ShortQuant | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | 3% if redeemed or switched out on or before completion of 30 days from allotment; nil after 30 days (for investments made on or after 11 Sep 2026, Addendum 15/2026 dated 10 Sep 2026). Investments made before 11 Sep 2026: 1% on or before 15 days; nil after. | 10 Sep 2026qsif — Addendum / Notice page (checked 3 Nov 2026; no redemption-frequency or notice-period changes listed) |
| qSIF Sector Rotation Long-ShortQuant | Open-ended | Daily (business days only)Cut-off: 3.00 pm | None | 3% if redeemed or switched out on or before completion of 30 days from allotment; nil after 30 days (for investments made on or after 11 Sep 2026, Addendum 15/2026 dated 10 Sep 2026). Investments made before 11 Sep 2026: 1% on or before 15 days; nil after. | 10 Sep 2026qsif — Addendum / Notice page (checked 3 Nov 2026; no redemption-frequency or notice-period changes listed) |
Interval strategies. Alphabetical. If a dealing day is a holiday, the next business day applies unless the row says otherwise. Listed units can also be sold on the exchange.
| Strategy | Structure | Redemption days | Notice period | Exit load (current) | Terms as of |
|---|---|---|---|---|---|
| Altiva Hybrid Long-ShortEdelweiss | IntervalListed: NSE | Twice a week — Monday and Wednesday (next business day if Monday/Wednesday is a non-business day)Cut-off: 3.00 pm | None | 0.50% of applicable NAV if redeemed or switched out on or before 30 days from allotment; nil after 30 days (for transactions from 12 May 2026, addendum dated 8 May 2026). Earlier transactions: 0.50% on or before 90 days; nil after. | 8 May 2026Edelweiss MF — Altiva SIF Notice Cum Addendums page, 2025 and 2026 lists (checked 3 Nov 2026) |
| Apex Hybrid Long-ShortAditya Birla SL | IntervalListed: NSE | Twice a week — Monday and Wednesday (immediate next business day if a non-business day); no redemptions or switches outside these daysCut-off: 3.00 pm — requests after Wednesday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Wednesday 3.00 pm get Wednesday's NAV | None | 0.50% of applicable NAV if redeemed or switched out on or before 90 days from allotment; nil after 90 days. No exit load on Regular-to-Direct switches. | 27 Feb 2026Apex SIF — Downloads & Resources, Addenda tab (20 entries, Mar–Oct 2026; checked 3 Nov 2026) |
| Arudha Hybrid Long-ShortBandhan | IntervalListed: NSE and BSE | Twice a week — Monday and Wednesday (next business day's NAV if Monday/Wednesday is a non-business day); AMC may reduce the frequencyCut-off: 3.00 pm — requests after Wednesday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Wednesday 3.00 pm get Wednesday's NAV | None | Nil | 18 Mar 2026Arudha SIF — Downloads page, notices and addenda Nos. 5–30 (checked 3 Nov 2026) |
| DynaSIF Active Asset Allocator360 ONE | Interval | Once a week — requests accepted every Monday (next business day if Monday is a non-business day); paid at the NAV at the end of the 7-working-day notice periodCut-off: 3.00 pm on the Monday (Specified Transaction Business Day) | 7 working days — the investor receives the NAV at the end of the notice period | 0.5% if redeemed within 3 months from allotment; nil after 3 months | 27 Mar 2026360 ONE — DynaSIF mandatory disclosures, notice/addendum list (checked 3 Nov 2026; no liquidity changes) |
| Infinity Hybrid Long-ShortKotak Mahindra | IntervalListed: NSE and BSE | Twice a week — Monday and Wednesday (next business day's NAV if a non-business day); AMC may reduce the frequencyCut-off: 3.00 pm — requests after Wednesday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Wednesday 3.00 pm get Wednesday's NAV | None | Nil | 26 May 2026Kotak MF — Infinity Hybrid Long-Short Fund page (live, read 3 Nov 2026: twice-weekly Monday & Wednesday redemption, exit load Nil) |
| Magnum Hybrid Long-ShortSBI | Interval | Twice a week — Monday and Wednesday (next business day's NAV if Monday/Wednesday is a non-business day); AMC may reduce the frequencyCut-off: 3.00 pm — requests after Wednesday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Wednesday 3.00 pm get Wednesday's NAV | None | Any redemption or switch-out 'in excess of the limit' (free allowance) attracts: 0.50% if redeemed on or before 15 days from allotment; 0.25% after 15 days up to 1 month; nil after 1 month. The size of the free 'limit' is not stated in any official document reviewed. | 6 Feb 2026SBI MF — Magnum SIF Notices & Addendums page, scheme and general lists for last 1 year (checked 3 Nov 2026) |
| Platinum Hybrid Long-ShortMirae Asset | IntervalListed: NSE and BSE | Twice a week — Monday and Thursday (next business day if a non-business day); AMC may set a lesser frequencyCut-off: 3.00 pm — requests after Thursday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Thursday 3.00 pm get Thursday's NAV | None | 1% if redeemed within 30 days from allotment; nil after 30 days — for investments made on or after 1 Jul 2026 (Notice cum Addendum SIF/05/2026 dated 29 Jun 2026). Earlier investments: 1% within 90 days; nil after. | 29 Jun 2026Platinum SIF — Notices/Addendums (25 entries; checked 3 Nov 2026) |
| Prism Hybrid Long-Short FundJio BlackRock | IntervalListed: NSE | Twice a week — Monday and Wednesday (next business day's NAV if a non-business day); AMC may set a lesser frequencyCut-off: 3.00 pm — requests after Wednesday 3.00 pm up to Monday 3.00 pm get Monday's NAV; after Monday 3.00 pm up to Wednesday 3.00 pm get Wednesday's NAV | None | Nil | 15 May 2026Jio BlackRock MF — Prism SIF notice-cum-addendums FY 2026-27, Nos. 01–08 (checked 3 Nov 2026; no liquidity changes) |
| RedHex Hybrid Long-ShortHSBC | IntervalListed: NSE | Once a week — Monday (next business day if Monday is a non-business day), subject to a 10-working-day notice periodCut-off: 3.00 pm Monday — requests by 3.00 pm on Monday are processed at the NAV at the end of the notice period; later requests go into the next Monday's cycle | 10 working days — the investor receives the NAV at the end of the notice period | 2.00% if redeemed or switched out on or before 1 year from allotment; nil after 1 year. SWP withdrawals also attract exit load; none on switches between plans/options. | 7 May 2026HSBC MF — RedHex SIF investor resources, notices filter (checked 3 Nov 2026; only OPAT/ONDC and benchmark risk-band notices) |
| Titanium Active Asset Allocator Long-ShortTata | IntervalListed: BSE | Once a week — Monday (next business day if Monday is a non-business day)Cut-off: 3.00 pm Monday — valid requests by 3.00 pm on Monday get that Monday's NAV; later requests get the next Monday's NAV | None | 1% if redeemed or switched out on or before 1 month from allotment; nil after 1 month. No exit load on Regular-to-Direct switches within the strategy. | 8 Sep 2026Tata MF — Titanium SIF Notice & Addendum page (checked 3 Nov 2026) |
| Titanium Hybrid Long-ShortTata | IntervalListed: BSE | Once a week — Wednesday (next business day if Wednesday is a non-business day)Cut-off: 3.00 pm Wednesday — valid requests by 3.00 pm on Wednesday get that Wednesday's NAV; later requests get the next Wednesday's NAV | None | 1% if redeemed or switched out on or before 1 month from allotment; nil after 1 month (since 2 Feb 2026, addendum dated 30 Jan 2026; before that 1% within 1 year). No exit load on Regular-to-Direct switches within the strategy. | 30 Sep 2026Tata MF — Titanium SIF Notice & Addendum page (checked 3 Nov 2026) |
| iSIF Active Asset AllocatorICICI Prudential | IntervalListed: NSE and BSE | Twice a week — Monday and Wednesday (next business day if Monday/Wednesday is a non-business day) | None | 1% of applicable NAV if redeemed or switched out within 1 month from allotment; nil after 1 month (for investments made on or after 4 Sep 2026, Notice-cum-addendum 001/09/2026 dated 1 Sep 2026). Investments made before 4 Sep 2026: 1% within 12 months; nil after. | 1 Sep 2026iSIF — Notices and Addendums page, Jan–Oct 2026 entries (checked 3 Nov 2026) |
| iSIF Hybrid Long-ShortICICI Prudential | IntervalListed: NSE and BSE | Twice a week — Monday and Wednesday (next business day if Monday/Wednesday is a non-business day) | None | 1% of applicable NAV if redeemed or switched out within 1 month from allotment; nil after 1 month (for investments made on or after 4 Sep 2026, Notice-cum-addendum 001/09/2026 dated 1 Sep 2026). Investments made before 4 Sep 2026: 1% within 12 months; nil after. | 16 Oct 2026iSIF — Notices and Addendums page, Jan–Oct 2026 entries (checked 3 Nov 2026) |
| qSIF Active Asset AllocatorQuant | IntervalListed: NSE | Twice a week — Tuesday and Wednesday (next business day if Tuesday/Wednesday is a non-business day)Cut-off: 3.00 pm (same-day NAV for valid requests by 3.00 pm on a redemption day) | None | 3% if redeemed or switched out on or before completion of 30 days from allotment; nil after 30 days (for investments made on or after 11 Sep 2026, Addendum 15/2026 dated 10 Sep 2026). Investments made before 11 Sep 2026: 1% on or before 15 days; nil after. | 10 Sep 2026qsif — Addendum / Notice page (checked 3 Nov 2026; no redemption-frequency or notice-period changes listed) |
| qSIF Hybrid Long-ShortQuant | IntervalListed: NSE | Twice a week — Tuesday and Wednesday (next business day if Tuesday/Wednesday is a non-business day)Cut-off: 3.00 pm (same-day NAV for valid requests by 3.00 pm on a redemption day) | None | 3% if redeemed or switched out on or before completion of 30 days from allotment; nil after 30 days (for investments made on or after 11 Sep 2026, Addendum 15/2026 dated 10 Sep 2026). Investments made before 11 Sep 2026: 1% on or before 15 days; nil after. | 10 Sep 2026qsif — Addendum / Notice page (checked 3 Nov 2026; no redemption-frequency or notice-period changes listed) |
Only some of them. 21 of the 36 live strategies redeem on every business day; the other 15 are interval strategies that accept redemptions only on set days, such as Monday and Wednesday, or once a week.
Some interval strategies pay redemptions at the NAV at the end of a notice period, for example 7 or 10 working days after your request, rather than at the next dealing day’s NAV. SEBI’s SIF framework caps a notice period at 15 working days.
Most do, for redemptions soon after you invest: the current loads run from nil to 3%, applied within a window that ranges from 15 days to one year. 5 strategies charge none. When a fund house changes its exit load, the change usually applies only to new investments, so the date you invested decides which load applies.
Interval strategies hold positions that take time to unwind, so they limit redemptions to set days to manage liquidity. Many are listed on a stock exchange, where units can also be sold between dealing days.
Sources: each row links the newest official document it is taken from: the fund house’s Investment Strategy Information Document or notice-cum-addendum, or AMFI’s copy. Every fund house’s notices page was checked on 3 Nov 2026. Terms change by addendum, and the offer documents govern. Information only, not a recommendation. Trustner Asset Services Pvt. Ltd. is an AMFI-registered Mutual Fund & SIF Distributor (ARN-286886) and may receive commission from fund houses. SIF investments are subject to market risks; read all scheme-related documents carefully before investing.